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20 December 2022
US
Reporter Lyndsey Young

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Marsh makes three new appointments to leadership team

Marsh has made three new leadership appointments within Marsh Captive Solutions as it seeks to provide enhanced services and resources to its clients.

Dublin-based international consulting and sales leader, Lorraine Stack, will assume the additional role of leader of Marsh Captive Solutions’ Ireland operations, reporting to Ellen Charnley, president of Marsh Captive Solutions.

Stack will be responsible for leading a team of specialists managing single parent captives and special purpose vehicles domiciled in Dublin, in addition to leading the international consulting and business development team.

Stack has more than 25 years of insurance experience and has served in various roles at Marsh Captive Solutions. She succeeds Brian McDonagh, who is retiring from Marsh after 27 years of service.

Stuart Hebert, currently Marsh Captive Solutions APAC leader, will assume the new role of international captive consulting practice leader, and will report to Stack. Herbert will lead a team responsible for captive feasibility studies and strategic reviews for prospective and current captive owners.

Herbert has also held a variety of roles within Marsh Captive Solutions since joining the organisation in 1998. He succeeds Stephen Hawkes, who is retiring after 29 years with the company.

The third appointment is Nisala Weerasooriya, he will succeed Herbet as leader of Marsh Captive Solutions’ APAC operations. Weerasooriya has 30 years of experience in various client service roles at Marsh and currently serves as head of Marsh Captive Solutions’ New York operations.

He will relocate to Singapore from New York and report to William Thomas-Ferrand, leader of Marsh Captive Solutions, International.

Commenting on the appointments, Charnley says: “Throughout their careers, Lorraine, Stuart, and Nisala have demonstrated exemplary leadership and unwavering dedication in supporting our captive insurance clients. In this time of unprecedented captive growth, their considerable experience will be invaluable as we seek to provide enhanced services and resources to our clients.”

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